VanEck Steel ETF
ALTAR
Score™		 15.2% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 15.1x P/Sales
ratio		 0.7x
P/BV
ratio		 1.0x Div.
yield		 3.3%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
VanEck Vectors Steel Index Fund seeks investment results that correspond to the price and yield of the Amex Steel Index.

FUND BASICS
Category Global Equities
Fund Sponsor Van Eck Associates Corp
Website www.vaneck.com
Inception date Oct 10, 2006
Assets (mns) $79
Currency USD
Expense ratio 56 bp
Distributions Annually

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian Bank of New York Mellon
Weighting Market Cap
Index replication Optimized
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 25
Wgt avg mkt cap (mns) $22,597
Large cap (>$10bn) 50.5%
Mid cap ($2-10bn) 28.4%
Small cap (<$2bn) 11.9%
Developed mkts 81.2%
Emerging mkts 18.8%

TOP TEN HOLDINGS
RIO TINTO PLC-SPON ADR 10.4 %
VALE SA-SP ADR 8.2 %
NUCOR CORP 5.8 %
POSCO-ADR 5.6 %
CLEVELAND-CLIFFS INC 5.6 %
WORTHINGTON STEEL, INC. 5.4 %
ARCELORMITTAL SA ADR 5.2 %
RELIANCE STEEL & ALUMINUM 4.9 %
TENARIS SA-ADR 4.9 %
STEEL DYNAMICS INC 4.7 %
Total 60.8 %

TOP COUNTRY EXPOSURE
UNITED STATES 52.1 %
BRAZIL 16.3 %
LUXEMBOURG 14.6 %
BRITAIN 10.4 %
SOUTH KOREA 5.6 %
CANADA 0.9 %





HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru June 30)
Year-to-date 1 year 5 years 10 years Since Incep.
13.2% -0.7% 23.2% 11.9% 5.3%

Market Correlations
versus... Beta R-squared
S&P500 1.26 50%
MSCI EAFE 1.40 65%
MSCI Emg. Mkts. 1.16 47%

Technical Indicators
Recent close $70.15
30d moving avg. $66.06
Annualized volatility 28.7%
Short interest (ETF) 1.6%
Short interest (Underlying) 4.9%
Relative strength (RSI) 65

Liquidity measures
Avg. volume (thou.) 27
Turnover 2.4%
Bid/Ask (% of price) 0.15%
ADV underlying (mns) $1,035

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 469 potential alternatives to the VanEck Steel ETF ETF based on the alternatives' overlap in portfolio holdings with SLX. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: SLX Expense: 56 bp ALTAR Score™: 15.2%


ALTERNATIVE ETFs BASED ON OVERLAP WITH SLX
Ticker Fund
Name		 Overlap1
vs SLX
(%)		 Expense
ratio
(bp)		 Savings
vs SLX
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs SLX
(%)
XME SPDR S&P Metals & Mining ETF 35.6 35 21 7.7 -7.5
PYZ Invesco Dorsey Wright Basic Materials Momentum ETF 16.0 60 -4 6.3 -8.9
FXZ First Trust Materials AlphaDEX Fund 14.4 61 -5 10.6 -4.5
EV Mast Global Battery Recycling & Production ETF 13.9 65 -9 10.6 -4.5
IYM iShares U.S. Basic Materials ETF 11.7 40 16 6.6 -8.6
PICK iShares MSCI Global Metals & Mining Producers ETF 9.6 39 17 13.6 -1.6
ILF iShares Latin America 40 ETF 8.9 48 8 13.4 -1.8
PAVE Global X U.S. Infrastructure Development ETF 8.5 47 9 5.5 -9.7
RSPM Invesco S&P 500 Equal Weight Materials ETF 8.2 40 16 7.6 -7.6
HWAY Themes US Infrastructure ETF 8.0 29 27 6.4 -8.8
PSCM Invesco S&P SmallCap Materials ETF 7.5 29 27 12.6 -2.6
VAW Vanguard Materials ETF 7.3 9 47 6.3 -8.9
FMAT Fidelity MSCI Materials Index ETF 7.3 8 48 6.3 -8.9
XLB Materials Select Sector SPDR Fund 7.1 8 48 6.1 -9.1
IFRA iShares U.S. Infrastructure ETF 6.8 30 26 6.2 -9.0
ZIG Acquirers Fund 6.8 84 -28 19.6 +4.4
BRAZ Global X Brazil Active ETF 6.3 75 -19 13.1 -2.1
CCSO Carbon Collective Climate Solutions US Equity ETF 6.2 35 21 1.0 -14.1
HAP VanEck Natural Resources ETF 5.9 50 6 9.7 -5.4
LYLD Cambria Large Cap Shareholder Yield ETF 5.7 59 -3 9.8 -5.4
NANR SPDR S&P North American Natural Resources ETF 5.7 35 21 8.4 -6.8
GNR SPDR S&P Global Natural Resources ETF 5.0 40 16 11.6 -3.6
OIH VanEck Oil Services ETF 4.9 35 21 5.0 -10.1
FTIF First Trust Bloomberg Inflation Sensitive Equity ETF 4.7 60 -4 9.2 -6.0
RFG Invesco S&P Midcap 400 Pure Growth ETF 4.6 35 21 5.5 -9.7
CNRG SPDR S&P Kensho Clean Power ETF 4.2 45 11 0.5 -14.6
ICOP iShares Copper and Metals Mining ETF 4.2 47 9 9.2 -6.0
RSHO Tema American Reshoring ETF 4.1 75 -19 4.7 -10.5
MXI iShares Global Materials ETF 3.8 41 15 8.0 -7.2
SYLD Cambria Shareholder Yield ETF 3.8 59 -3 11.9 -3.3
GRPZ Invesco S&P SmallCap 600 GARP ETF 3.4 35 21 10.6 -4.5
XAR SPDR S&P Aerospace & Defense ETF 3.4 35 21 1.9 -13.3
ECML Euclidean Fundamental Value ETF 3.4 95 -39 12.5 -2.6
EQRR ProShares Equities for Rising Rates ETF 3.2 35 21 8.3 -6.8
RFV Invesco S&P Midcap 400 Pure Value ETF 3.1 35 21 13.3 -1.9
RBLD First Trust Alerian US NextGen Infrastructure ETF 3.1 65 -9 5.0 -10.2
AVMV Avantis U.S. Mid Cap Value ETF 3.1 20 36 8.9 -6.3
KONG Formidable Fortress ETF 2.9 89 -33 6.0 -9.1
PDP Invesco Dorsey Wright Momentum ETF 2.9 62 -6 3.9 -11.2
XMMO Invesco S&P MidCap Momentum ETF 2.9 34 22 5.7 -9.5
WTV WisdomTree US Value Fund of Benef Interest 2.8 12 44 9.3 -5.8
HAPY Harbor Human Capital Factor Unconstrained ETF 2.7 50 6 5.6 -9.5
AVIE Avantis  Inflation Focused Equity ETF 2.7 25 31 7.4 -7.8
TPHD Timothy Plan High Dividend Stock ETF 2.4 52 4 7.0 -8.1
TPHE Timothy Plan High Dividend Stock Enhanced ETF 2.4 54 2 7.0 -8.2
SIXS ETC 6 Meridian Small Cap Equity ETF 2.3 89 -33 10.1 -5.1
RWK Invesco S&P MidCap 400 Revenue ETF 2.2 39 17 9.6 -5.5
LSAF LeaderShares AlphaFactor US Core Equity ETF 2.2 75 -19 7.4 -7.8
SURE AdvisorShares Insiders Advantage ETF 2.1 90 -34 10.4 -4.8
BRIF FIS Bright Portfolios Focused Equity ETF 2.1 65 -9 4.9 -10.3
EDOG ALPS Emerging Sector Dividend Dogs ETF 2.1 60 -4 10.9 -4.2
MAGA Point Bridge America First ETF 2.1 72 -16 6.1 -9.1
FFTY Innovator IBD 50 ETF 2.1 80 -24 0.5 -14.7
BSVO EA Bridgeway Omni Small-Cap Value ETF 2.1 47 9 9.4 -5.8
FTA First Trust Large Cap Value AlphaDEX Fund 2.1 59 -3 9.2 -6.0
QMOM Alpha Architect U.S. Quantitative Momentum ETF 2.1 39 17 3.2 -12.0
VRAI Virtus Real Asset Income ETF 2.0 55 1 10.7 -4.5
XJH iShares ESG Screened S&P Mid-Cap ETF 2.0 12 44 7.3 -7.9
IJJ iShares S&P Mid-Cap 400 Value ETF 2.0 18 38 9.0 -6.2
AFSM First Trust Active Factor Small Cap ETF 2.0 75 -19 7.8 -7.4
FMKT The Free Markets ETF 2.0 76 -20 1.9 -13.2
MDYV SPDR S&P 400 Mid Cap Value ETF 2.0 15 41 9.0 -6.2
IVOV Vanguard S&P Mid-Cap 400 Value ETF 2.0 10 46 9.0 -6.2
PAMC Pacer Lunt MidCap Multi-Factor Alternator ETF 1.9 60 -4 6.3 -8.9
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 1.9 15 41 7.5 -7.6
MDY SPDR S&P Midcap 400 ETF Trust 1.9 24 32 7.3 -7.8
IJH iShares Core S&P Mid-Cap ETF 1.9 5 51 7.5 -7.7
FCTR First Trust Lunt U.S. Factor Rotation ETF 1.9 65 -9 3.4 -11.7
PSC Principal U.S. Small-Cap ETF 1.9 38 18 7.0 -8.2
LIVR Intelligent Livermore ETF 1.9 69 -13 6.3 -8.9
IVOO Vanguard S&P Mid-Cap 400 ETF 1.9 7 49 7.5 -7.7
SPMD SPDR Portfolio S&P 400 Mid Cap ETF 1.8 3 53 7.6 -7.6
ROSC Hartford Multifactor Small Cap ETF 1.8 34 22 9.9 -5.3
IJK iShares S&P Mid-Cap 400 Growth ETF 1.8 17 39 6.0 -9.1
SMAP Amplify Small-Mid Cap Equity ETF 1.8 60 -4 5.5 -9.7
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 1.8 10 46 6.0 -9.2
DSTL Distillate US Fundamental Stability & Value ETF 1.8 39 17 8.5 -6.7
ONEY SPDR Russell 1000 Yield Focus ETF 1.8 20 36 9.8 -5.4
GRPM Invesco S&P MidCap 400 GARP ETF 1.7 35 21 9.1 -6.0
DRIV Global X Autonomous & Electric Vehicles ETF 1.7 68 -12 5.2 -9.9
WCEO Hypatia Women CEO ETF 1.7 85 -29 4.3 -10.8
MDYG SPDR S&P 400 Mid Cap Growth ETF 1.7 15 41 6.1 -9.1
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 1.7 29 27 8.8 -6.4
SCHM Schwab U.S. Mid-Cap ETF 1.6 4 52 6.8 -8.4
ITA iShares U.S. Aerospace & Defense ETF 1.6 40 16 1.8 -13.4
AVUV Avantis U.S. Small Cap Value ETF 1.6 25 31 10.2 -4.9
NOBL ProShares S&P 500 Dividend Aristocrats ETF 1.6 35 21 6.1 -9.0
DINT Davis Select International ETF 1.5 55 1 8.0 -7.1
TMDV ProShares Russell US Dividend Growers ETF 1.5 35 21 6.5 -8.6
SQLV Royce Quant Small-Cap Quality Value ETF 1.5 60 -4 9.9 -5.3
FESM Fidelity Enhanced Small Cap ETF 1.5 28 28 7.8 -7.4
APIE ActivePassive International Equity ETF 1.5 45 11 7.5 -7.7
FNY First Trust Mid Cap Growth AlphaDEX Fund 1.5 70 -14 3.0 -12.2
DFSV Dimensional US Small Cap Value ETF 1.5 31 25 10.5 -4.7
SPHB Invesco S&P 500 High Beta ETF 1.4 25 31 4.6 -10.6
ALTL Pacer Lunt Large Cap Alternator ETF 1.4 60 -4 4.2 -11.0
EQAL Invesco Russell 1000 Equal Weight ETF 1.4 20 36 7.0 -8.2
NUMV Nuveen ESG Mid-Cap Value ETF 1.4 31 25 7.2 -8.0
BIBL Inspire 100 ETF 1.4 35 21 5.2 -10.0
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 1.4 24 32 8.3 -6.9
CVY Invesco Zacks Multi-Asset Income ETF 1.3 106 -50 12.1 -3.1
JMEE JPMorgan Market Expansion Enhanced Equity ETF 1.3 24 32 7.9 -7.3
SMLF iShares U.S. SmallCap Equity Factor ETF 1.3 15 41 6.3 -8.9
MDLV Morgan Dempsey Large Cap Value ETF 1.3 58 -2 7.5 -7.7
SVAL iShares US Small Cap Value Factor ETF 1.3 20 36 10.8 -4.4
SMDX Intech S&P Small-Mid Cap Divers Alp ETF 1.3 35 21 7.3 -7.9
KOMP SPDR S&P Kensho New Economies Composite ETF 1.3 20 36 2.7 -12.5
VFVA Vanguard U.S. Value Factor ETF 1.3 13 43 11.4 -3.8
NUSC Nuveen ESG Small-Cap ETF 1.3 31 25 5.5 -9.7
PRAY FIS Christian Stock Fund 1.3 69 -13 5.1 -10.1
AVLV Avantis U.S. Large Cap Value ETF 1.3 15 41 8.0 -7.2
STXM Strive Mid-Cap ETF 1.2 18 38 6.4 -8.8
FEX First Trust Large Cap Core AlphaDEX Fund 1.2 59 -3 6.0 -9.2
FAB First Trust Multi Cap Value AlphaDEX Fund 1.2 67 -11 10.3 -4.9
AVMC Avantis U.S. Mid Cap Equity ETF 1.2 18 38 7.0 -8.2
QQQJ Invesco NASDAQ Next Gen 100 ETF 1.2 15 41 4.5 -10.6
RZV Invesco S&P Smallcap 600 Pure Value ETF 1.2 35 21 10.8 -4.4
VBR Vanguard Small Cap Value ETF 1.2 7 49 9.2 -5.9
PPA Invesco Aerospace & Defense ETF 1.2 58 -2 2.5 -12.7
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 1.2 7 49 6.2 -9.0
AVES Avantis Emerging Markets Value ETF 1.2 36 20 11.5 -3.7
ISCG iShares Morningstar Small-Cap Growth ETF 1.1 6 50 2.9 -12.3
CCNR ALPS CoreCommodity Natural Resources ETF 1.1 39 17 11.6 -3.6
VB Vanguard Small-Cap ETF 1.1 5 51 6.2 -9.0
KRMA Global X Conscious Companies ETF 1.1 43 13 5.9 -9.2
RPV Invesco S&P 500 Pure Value ETF 1.1 35 21 10.8 -4.4
FDLS Inspire Fidelis Multi Factor ETF 1.1 76 -20 5.3 -9.8
REVS Columbia Research Enhanced Value ETF 1.1 19 37 7.8 -7.4
AFMC First Trust Active Factor Mid Cap ETF 1.1 65 -9 9.0 -6.2
HAIL SPDR S&P Kensho Smart Mobility ETF 1.1 45 11 1.0 -14.2
EDIV SPDR S&P Emerging Markets Dividend ETF 1.1 49 7 11.8 -3.4
JPUS JPMorgan Diversified Return U.S. Equity ETF 1.1 18 38 7.8 -7.3
VTWG Vanguard Russell 2000 Growth ETF 1.1 10 46 1.5 -13.7
PKW Invesco Buyback Achievers ETF 1.0 62 -6 7.4 -7.7
IWS iShares Russell Mid-Cap Value ETF 1.0 23 33 6.8 -8.3
SCHA Schwab U.S. Small-Cap ETF 1.0 4 52 6.2 -9.0
VBK Vanguard Small-Cap Growth ETF 1.0 7 49 1.9 -13.2
IWN iShares Russell 2000 Value ETF 1.0 24 32 7.8 -7.4
FSCS First Trust SMID Capital Strength ETF 1.0 60 -4 7.0 -8.1
DFAT Dimensional U.S. Targeted Value ETF 1.0 28 28 9.6 -5.5
DFEV Dimensional Emerging Markets Value ETF 1.0 43 13 13.2 -2.0
USVM VictoryShares US Small Mid Cap Value Momentum ETF 1.0 25 31 8.2 -7.0
VTWO Vanguard Russell 2000 ETF 1.0 7 49 4.6 -10.6
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 1.0 39 17 6.6 -8.6
RNSC Furst Trust Small Cap US Equity Select ETF 1.0 60 -4 6.1 -9.0
DSMC Distillate Small/Mid Cash Flow ETF 1.0 55 1 12.8 -2.4
VSDA VictoryShares Dividend Accelerator ETF 1.0 35 21 7.0 -8.1
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund 1.0 52 4 5.5 -9.7
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 1.0 58 -2 5.4 -9.7
VTWV Vanguard Russell 2000 Value ETF 0.9 10 46 7.9 -7.3
SPVM Invesco S&P 500 Value with Momentum ETF 0.9 39 17 8.4 -6.8
DVYE iShares Emerging Markets Dividend ETF 0.9 49 7 18.8 +3.7
FYT First Trust Small Cap Value AlphaDEX Fund 0.9 73 -17 11.4 -3.8
VFMF Vanguard U.S. Multifactor ETF 0.9 18 38 8.3 -6.9
DFLV Dimensional US Large Cap Value ETF 0.9 22 34 8.0 -7.2
IMCV iShares Morningstar Mid-Cap Value ETF 0.9 6 50 8.3 -6.9
SDY SPDR S&P Dividend ETF 0.9 35 21 6.7 -8.5
JHSC John Hancock Multifactor Small Cap ETF 0.9 42 14 6.8 -8.3
XSVM Invesco S&P SmallCap Value with Momentum ETF 0.9 36 20 12.1 -3.1
VOE Vanguard Mid-Cap Value ETF 0.9 7 49 7.9 -7.3
SPVU Invesco S&P 500 Enhanced Value ETF 0.9 13 43 10.3 -4.9
JHMM John Hancock Multifactor Mid Cap ETF 0.9 42 14 6.5 -8.7
GOP Unusual Whales Subversive Republican Trading ETF 0.9 50 6 5.8 -9.4
ESML iShares ESG Aware MSCI USA Small-Cap ETF 0.9 17 39 5.9 -9.2
SNPD Xtrackers S&P ESG Dividend Aristocrats ETF 0.9 15 41 7.5 -7.6
DFAS Dimensional U.S. Small Cap ETF 0.9 26 30 6.6 -8.5
AVXC Avantis Emerging Markets Ex-China Equity ETF 0.9 33 23 8.6 -6.6
VXF Vanguard Extended Market ETF 0.9 5 51 4.8 -10.4
ONEO SPDR Russell 1000 Momentum Focus ETF 0.9 20 36 7.1 -8.1
FFOX FundX Future Fund Opportunities ETF 0.9 100 -44 4.4 -10.8
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.9 20 36 6.0 -9.2
ISMD Inspire Small/Mid Cap ETF 0.9 54 2 6.1 -9.1
FFSM Fidelity Fundamental Small-Mid Cap ETF 0.9 43 13 6.3 -8.8
PY Principal Value ETF 0.8 15 41 7.4 -7.8
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 0.8 60 -4 8.3 -6.8
MGMT Ballast Small/Mid Cap ETF 0.8 110 -54 9.2 -6.0
IWR iShares Russell Midcap ETF 0.8 19 37 5.9 -9.3
ISCB iShares Morningstar Small-Cap ETF 0.8 4 52 6.2 -9.0
LGDX Intech S&P Large Cap Diversified Alpha ETF 0.8 25 31 5.4 -9.8
BLES Inspire Global Hope ETF 0.8 61 -5 6.8 -8.4
IPAV Global X Infrastructure Development ex-U.S. ETF 0.8 55 1 7.6 -7.6
FNDA Schwab Fundamental US Small Co. Index ETF 0.8 25 31 8.0 -7.2
YALL God Bless America ETF 0.8 65 -9 3.6 -11.5
TPSC Timothy Plan US Small Cap Core ETF 0.8 52 4 7.0 -8.2
AVEM Avantis Emerging Markets Equity ETF 0.8 33 23 9.1 -6.1
ROUS Hartford Multifactor US Equity ETF 0.8 19 37 7.3 -7.9
ONEV SPDR Russell 1000 Low Volatility Focus ETF 0.8 20 36 7.8 -7.4
SMMD iShares Russell 2500 ETF 0.8 15 41 6.4 -8.8
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.8 19 37 6.5 -8.7
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 0.7 95 -39 0.6 -14.6
CSA VictoryShares US Small Cap Volatility Wtd ETF 0.7 35 21 7.8 -7.4
AVSC Avantis U.S Small Cap Equity ETF 0.7 25 31 6.0 -9.2
FRDM Freedom 100 Emerging Markets ETF 0.7 49 7 8.7 -6.4
VLUE iShares MSCI USA Value Factor ETF 0.7 15 41 9.9 -5.3
PSCI Invesco S&P SmallCap Industrials ETF 0.7 29 27 5.3 -9.8
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.7 39 17 9.7 -5.5
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 0.7 80 -24 8.3 -6.9
DEXC Dimensional Emerging Markets ex China Core EquityETF 0.7 53 3 7.7 -7.5
XSHQ Invesco S&P SmallCap Quality ETF 0.7 29 27 8.2 -6.9
DON WisdomTree U.S. MidCap Dividend Fund 0.7 38 18 8.9 -6.2
LEGR First Trust Indxx Innovative Transaction & Process ETF 0.7 65 -9 7.4 -7.8
USCF Themes US Cash Flow Champions ETF 0.7 29 27 9.1 -6.1
IUS Invesco RAFI Strategic US ETF 0.7 19 37 6.8 -8.4
BKSE BNY Mellon US Small Cap Core Equity ETF 0.7 4 52 6.1 -9.0
LGCF Themes US Cash Flow Champions ETF 0.7 30 26 8.5 -6.7
FNX First Trust Mid Cap Core AlphaDEX Fund 0.7 60 -4 7.7 -7.5
STXK Strive Small-Cap ETF 0.7 18 38 6.2 -9.0
ROAM Hartford Multifactor Emerging Markets ETF 0.7 44 12 11.9 -3.2
RZG Invesco S&P Smallcap 600 Pure Growth ETF 0.7 35 21 4.2 -11.0
FLQM Franklin U.S. Mid Cap Multifactor Index ETF 0.6 30 26 8.5 -6.7
QGRO American Century U.S. Quality Growth ETF 0.6 29 27 3.6 -11.6
DXUV Dimensional US Vector Equity ETF 0.6 28 28 6.3 -8.8
DFUV Dimensional US Marketwide Value ETF 0.6 22 34 7.7 -7.4
DES WisdomTree U.S. SmallCap Dividend Fund 0.6 38 18 9.5 -5.7
SFYX SoFi Next 500 ETF 0.6 0 56 6.0 -9.2
BOUT Innovator IBD Breakout Opportunities ETF 0.6 81 -25 3.3 -11.8
DEUS Xtrackers Russell US Multifactor ETF 0.6 17 39 7.1 -8.1
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.6 9 47 6.1 -9.1
SIZE iShares MSCI USA Size Factor ETF 0.6 15 41 5.8 -9.3
ABLD Abacus FCF Real Assets Leaders ETF 0.6 69 -13 7.1 -8.1
EZM WisdomTree U.S. MidCap Fund 0.6 38 18 9.3 -5.9
VLU SPDR S&P 1500 Value Tilt ETF 0.6 12 44 7.6 -7.6
FNDB Schwab Fundamental US Broad Market Index ETF 0.6 25 31 7.3 -7.9
IMCB iShares Morningstar Mid-Cap ETF 0.6 4 52 6.1 -9.1
EUSA iShares MSCI USA Equal Weighted ETF 0.6 9 47 6.1 -9.1
FNDX Schwab Fundamental US Large Co. Index ETF 0.6 25 31 7.2 -7.9
AVUS Avantis U.S. Equity ETF 0.6 15 41 5.9 -9.3
QQJG Invesco ESG NASDAQ Next Gen 100 ETF 0.6 20 36 4.7 -10.4
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 0.6 15 41 8.0 -7.2
AVSU Avantis Responsible U.S. Equity ETF 0.6 15 41 6.1 -9.0
ULVM VictoryShares US Value Momentum ETF 0.6 20 36 7.4 -7.8
FELV Fidelity Enhanced Large Cap Value ETF 0.6 18 38 6.9 -8.3
PTL Inspire 500 ETF 0.6 9 47 5.4 -9.8
JVAL JPMorgan U.S. Value Factor ETF 0.6 12 44 8.4 -6.8
RECS Columbia Research Enhanced Core ETF 0.6 15 41 5.8 -9.4
SHUS Syntax Stratified U.S. Total Market Hedged ETF 0.6 65 -9 6.4 -8.7
SSPY Syntax Stratified LargeCap ETF 0.6 30 26 6.7 -8.4
GINX SGI Enhanced Global Income ETF 0.5 98 -42 7.0 -8.2
TEMP JPMorgan Climate Change Solutions ETF 0.5 49 7 5.7 -9.5
RSSL Global X Russell 2000 ETF 0.5 8 48 4.5 -10.7
MIDE Xtrackers S&P MidCap 400 ESG ETF 0.5 15 41 8.1 -7.0
FYX First Trust Small Cap Core AlphaDEX Fund 0.5 61 -5 6.4 -8.8
CFA VictoryShares US 500 Volatility Wtd ETF 0.5 35 21 5.9 -9.3
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 0.5 40 16 5.9 -9.3
JSML Janus Henderson Small Cap Growth Alpha ETF 0.5 30 26 8.2 -6.9
NULV Nuveen ESG Large-Cap Value ETF 0.5 26 30 6.3 -8.8
FSMD Fidelity Small-Mid Multifactor ETF 0.5 15 41 7.3 -7.9
IJS iShares S&P Small-Cap 600 Value ETF 0.5 18 38 10.2 -5.0
CGDG Capital Group Dividend Growers ETF 0.5 47 9 6.2 -9.0
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.5 4 52 6.2 -9.0
STXV Strive 1000 Value ETF 0.5 18 38 8.2 -7.0
ISCV iShares Morningstar Small Cap Value ETF 0.5 6 50 9.4 -5.7
SFLO VictoryShares Small Cap Free Cash Flow ETF 0.5 49 7 12.0 -3.2
VIOV Vanguard S&P Small-Cap 600 Value ETF 0.5 10 46 10.3 -4.9
DIVB iShares Core Dividend ETF 0.5 5 51 7.7 -7.4
IWM iShares Russell 2000 ETF 0.5 19 37 4.5 -10.6
FENI Fidelity Enhanced International ETF 0.5 28 28 6.7 -8.4
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.5 15 41 5.0 -10.2
VO Vanguard Mid-Cap ETF 0.5 4 52 5.8 -9.3
FMDE Fidelity Enhanced Mid Cap ETF 0.5 23 33 5.8 -9.4
SLYV SPDR S&P 600 Small Cap Value ETF 0.5 15 41 10.3 -4.9
VSMV VictoryShares US Multi-Factor Minimum Volatility ETF 0.5 35 21 6.2 -9.0
DFAC Dimensional U.S. Core Equity 2 ETF 0.5 17 39 5.6 -9.6
AFLG First Trust Active Factor Large Cap ETF 0.5 55 1 6.2 -9.0
DEEP Roundhill Acquirers Deep Value ETF 0.5 80 -24 17.9 +2.7
SPEM SPDR Portfolio Emerging Markets ETF 0.5 7 49 10.5 -4.7
GLOF iShares Global Equity Factor ETF 0.5 20 36 6.7 -8.5
IJR iShares Core S&P Small Cap ETF 0.5 6 50 7.9 -7.3
LRGF iShares U.S. Equity Factor ETF 0.5 8 48 5.6 -9.6
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.5 64 -8 2.3 -12.9
IWC iShares Micro-Cap ETF 0.5 60 -4 -0.6 -15.8
VIOO Vanguard S&P Small-Cap 600 ETF 0.4 7 49 7.8 -7.3
FVD First Trust Value Line Dividend Index Fund 0.4 65 -9 6.4 -8.8
ETHO Etho Climate Leadership U.S. ETF 0.4 47 9 5.4 -9.8
SPSM SPDR Portfolio S&P 600 Small Cap ETF 0.4 3 53 7.9 -7.3
RDVY First Trust Rising Dividend Achievers ETF 0.4 50 6 7.5 -7.6
RSP Invesco S&P 500 Equal Weight ETF 0.4 20 36 6.5 -8.7
RODE Hartford Multifactor Diversified International ETF 0.4 29 27 12.7 -2.5
AVDE Avantis International Equity ETF 0.4 23 33 7.6 -7.5
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.4 29 27 6.5 -8.6
PRF Invesco FTSE RAFI US 1000 ETF 0.4 39 17 6.9 -8.3
EES WisdomTree U.S. SmallCap Fund 0.4 38 18 9.2 -6.0
FDWM Fidelity Women's Leadership ETF 0.4 59 -3 5.0 -10.2
IJT iShares S&P Small-Cap 600 Growth ETF 0.4 18 38 5.6 -9.6
DFVX Dimensional US Large Cap Vector ETF 0.4 22 34 6.3 -8.9
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 0.4 30 26 9.9 -5.3
VIOG Vanguard S&P Small-Cap 600 Growth ETF 0.4 10 46 5.7 -9.5
DGRS WisdomTree US Smallcap Quality Dividend Growth Fund 0.4 38 18 10.2 -5.0
JHML John Hancock Multifactor Large Cap ETF 0.4 29 27 5.4 -9.7
SLYG SPDR S&P 600 Small Cap Growth ETF 0.4 15 41 5.6 -9.5
CGGR Capital Group Growth ETF 0.4 39 17 3.2 -12.0
LQPE PEO AlphaQuest Thematic PE ETF 0.4 125 -69 5.5 -9.7
CCMG CCM Global Equity ETF 0.4 34 22 8.7 -6.5
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.4 38 18 9.3 -5.9
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.4 9 47 4.5 -10.7
AVUQ Avantis U.S. Quality ETF 0.4 15 41 4.8 -10.4
DFSU Dimensional US Sustainability Core 1 ETF 0.4 18 38 5.5 -9.7
FBCG Fidelity Blue Chip Growth ETF 0.4 59 -3 2.9 -12.3
HAPS Harbor Human Capital Factor US Small Cap ETF 0.4 60 -4 4.2 -11.0
FVAL Fidelity Value Factor ETF 0.4 15 41 7.1 -8.1
SELV SEI Enhanced Low Volatility U.S. Large Cap ETF 0.4 15 41 6.6 -8.6
NUDV Nuveen ESG Dividend ETF 0.4 26 30 7.7 -7.5
VIG Vanguard Dividend Appreciation ETF 0.3 5 51 5.6 -9.5
DFAE Dimensional Emerging Core Equity Market ETF 0.3 35 21 9.3 -5.8
IWD iShares Russell 1000 Value ETF 0.3 19 37 6.5 -8.6
BFOR ALPS Barron's 400 ETF 0.3 65 -9 6.1 -9.1
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.3 25 31 5.8 -9.4
COWZ Pacer US Cash Cows 100 ETF 0.3 49 7 9.5 -5.7
COPY Tweedy, Browne Insider + Value ETF 0.3 80 -24 11.9 -3.3
ESIX SPDR S&P SmallCap 600 ESG ETF 0.3 12 44 8.3 -6.9
VONV Vanguard Russell 1000 Value ETF 0.3 7 49 6.7 -8.5
HAPI Harbor Human Capital Factor US Large Cap ETF 0.3 36 20 4.9 -10.3
JMOM JPMorgan U.S. Momentum Factor ETF 0.3 12 44 4.5 -10.6
DCOR Dimensional US Core Equity 1 ETF 0.3 14 42 5.5 -9.7
ITB iShares U.S. Home Construction ETF 0.3 40 16 12.3 -2.8
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.3 39 17 6.1 -9.1
EVUS iShares ESG Aware MSCI USA Value ETF 0.3 18 38 6.8 -8.3
IUSV iShares Core S&P US Value ETF 0.3 4 52 6.6 -8.6
GVUS Marketbeta Russell 1000 Value Equity ETF 0.3 12 44 6.6 -8.5
RWL Invesco S&P 500 Revenue ETF 0.3 39 17 6.8 -8.3
SPDG SPDR Portfolio S&P Sector Neutral Dividend ETF 0.3 5 51 8.1 -7.1
IMCG iShares Morningstar Mid-Cap Growth ETF 0.3 6 50 4.1 -11.1
PFM Invesco Dividend Achievers ETF 0.3 53 3 5.3 -9.9
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.3 15 41 6.1 -9.1
SCHV Schwab U.S. Large-Cap Value ETF 0.3 4 52 6.8 -8.4
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 0.3 30 26 6.8 -8.4
XJR iShares ESG Screened S&P Small-Cap ETF 0.3 12 44 7.5 -7.7
DGRO iShares Core Dividend Growth ETF 0.3 8 48 6.5 -8.7
DXIV Dimensional International Vector Equity ETF 0.3 34 22 8.0 -7.1
VYM Vanguard High Dividend Yield Index ETF 0.3 6 50 7.2 -7.9
VFMO Vanguard U.S. Momentum Factor ETF 0.3 13 43 3.1 -12.1
VIS Vanguard Industrials ETF 0.2 9 47 4.5 -10.6
DFAU Dimensional US Core Equity Market ETF 0.2 12 44 5.1 -10.1
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 0.2 12 44 7.6 -7.6
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.2 9 47 5.3 -9.9
HLAL Wahed FTSE USA Shariah ETF 0.2 50 6 4.9 -10.3
DFIV Dimensional International Value ETF 0.2 27 29 10.2 -5.0
ESGU iShares ESG Aware MSCI USA ETF 0.2 15 41 4.9 -10.3
VOOV Vanguard S&P 500 Value ETF 0.2 7 49 6.4 -8.8
IVE iShares S&P 500 Value ETF 0.2 18 38 6.3 -8.9
SPYV SPDR Portfolio S&P 500 Value ETF 0.2 4 52 6.4 -8.8
ILCV iShares Morningstar Value ETF 0.2 4 52 6.7 -8.5
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.2 30 26 8.1 -7.1
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.2 3 53 5.2 -10.0
VSLU Applied Finance Valuation Large Cap ETF 0.2 49 7 5.6 -9.6
CWI SPDR MSCI ACWI ex-US ETF 0.2 30 26 7.8 -7.4
VTV Vanguard Value ETF 0.2 4 52 7.0 -8.2
VTI Vanguard Total Stock Market ETF 0.2 3 53 4.9 -10.2
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 0.2 10 46 5.0 -10.2
FLQS Franklin U.S. Small Cap Multifactor Index ETF 0.2 35 21 9.9 -5.3
VTHR Vanguard Russell 3000 ETF 0.2 7 49 4.9 -10.2
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.2 3 53 5.0 -10.2
IWV iShares Russell 3000 ETF 0.2 20 36 4.8 -10.4
SCHB Schwab U.S. Broad Market ETF 0.2 3 53 5.1 -10.1
DFUS Dimensional U.S. Equity ETF 0.2 9 47 4.9 -10.3
SCHK Schwab 1000 Index ETF 0.2 5 51 5.1 -10.1
SUSL iShares ESG MSCI USA Leaders ETF 0.2 10 46 5.0 -10.2
EBI Longview Advantage ETF 0.2 35 21 6.7 -8.5
IWB iShares Russell 1000 ETF 0.2 15 41 4.9 -10.3
USXF iShares ESG Advanced MSCI USA ETF 0.2 10 46 4.6 -10.6
IYJ iShares U.S. Industrials ETF 0.2 40 16 4.5 -10.7
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.2 11 45 5.0 -10.2
FQAL Fidelity Quality Factor ETF 0.2 15 41 5.7 -9.5
DGRW WisdomTree US Quality Dividend Growth Fund 0.2 28 28 5.5 -9.6
NULC Nuveen ESG Large-Cap ETF 0.2 21 35 4.8 -10.4
CALF Pacer US Small Cap Cash Cows 100 ETF 0.2 59 -3 11.3 -3.9
EGLE Global X S&P 500 U.S. Revenue Leaders ETF 0.2 19 37 5.2 -9.9
IYY iShares Dow Jones U.S. ETF 0.2 20 36 4.8 -10.3
QUS SPDR MSCI USA StrategicFactors ETF 0.2 15 41 5.8 -9.4
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 0.2 45 11 4.5 -10.7
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.2 20 36 5.8 -9.4
PRNT 3D Printing ETF 0.2 66 -10 1.3 -13.9
VALQ American Century U.S. Quality Value ETF 0.2 29 27 7.8 -7.4
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.2 9 47 5.9 -9.3
VONE Vanguard Russell 1000 ETF 0.1 7 49 5.0 -10.2
IWP iShares Russell Mid-Cap Growth ETF 0.1 23 33 3.4 -11.7
SPXT ProShares S&P 500 Ex-Technology ETF 0.1 9 47 5.7 -9.5
USCA Xtrackers MSCI USA Climate Action Equity ETF 0.1 7 49 5.1 -10.1
RVRB Reverb ETF 0.1 30 26 4.6 -10.5
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 0.1 33 23 10.0 -5.1
PRXV Praxis Impact Large Cap Value ETF 0.1 36 20 6.6 -8.6
FLQL Franklin LibertyQ U.S. Equity ETF 0.1 15 41 5.5 -9.7
FDMO Fidelity Momentum Factor ETF 0.1 15 41 3.8 -11.4
XMAG Defiance Large Cap ex-Mag 7 ETF 0.1 35 21 5.2 -10.0
BKLC BNY Mellon US Large Cap Core Equity ETF 0.1 0 56 5.0 -10.2
VOTE TCW Transform 500 ETF 0.1 5 51 4.9 -10.2
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.1 9 47 5.0 -10.2
SCHX Schwab U.S. Large-Cap ETF 0.1 3 53 5.0 -10.1
FLEE Franklin FTSE Europe ETF 0.1 9 47 7.4 -7.7
PBUS Invesco MSCI USA ETF 0.1 4 52 4.9 -10.2
DSPY Tema S&P 500 Historical Weight ETF 0.1 18 38 5.2 -9.9
ILCB iShares Morningstar U.S. Equity ETF 0.1 3 53 5.0 -10.2
OPTZ Optimize Strategy Index ETF 0.1 50 6 5.0 -10.2
VT Vanguard Total World Stock ETF 0.1 6 50 6.0 -9.2
VFQY Vanguard U.S. Quality Factor ETF 0.1 13 43 6.4 -8.7
SPXN ProShares S&P 500 Ex-Financials ETF 0.1 9 47 5.0 -10.2
QVML Invesco S&P 500 QVM Multi-factor ETF 0.1 11 45 5.1 -10.1
DFIC Dimensional International Core Equity 2 ETF 0.1 23 33 7.6 -7.5
ESGV Vanguard ESG U.S. Stock ETF 0.1 9 47 4.8 -10.4
TOV JLens 500 Jewish Advocacy U.S. ETF 0.1 18 38 4.7 -10.4
DTD WisdomTree U.S. Total Dividend Fund 0.1 28 28 6.4 -8.8
SPXE ProShares S&P 500 Ex-Energy ETF 0.1 9 47 4.9 -10.3
SPXV ProShares S&P 500 Ex-Health Care ETF 0.1 9 47 4.7 -10.5
XVV iShares ESG Screened S&P 500 ETF 0.1 8 48 4.9 -10.3
KOKU Xtrackers MSCI Kokusai Equity ETF 0.1 9 47 5.3 -9.9
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.1 2 54 5.0 -10.2
CATH Global X S&P 500 Catholic Values Custom ETF 0.1 29 27 4.8 -10.4
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.1 20 36 4.8 -10.4
EPS WisdomTree U.S. LargeCap Fund 0.1 8 48 5.8 -9.4
VOO Vanguard S&P 500 ETF 0.1 3 53 5.0 -10.1
TAX Cambria Tax Aware ETF 0.1 49 7 5.2 -10.0
SPLG SPDR Portfolio S&P 500 ETF 0.1 2 54 5.0 -10.1
IVV iShares Core S&P 500 ETF 0.1 3 53 5.0 -10.2
SPY SPDR S&P 500 ETF Trust 0.1 9 47 5.0 -10.2
STRV Strive 500 ETF 0.1 5 51 4.9 -10.3
URTH iShares MSCI World ETF 0.1 24 32 5.2 -9.9
APUE ActivePassive U.S. Equity ETF 0.1 45 11 4.7 -10.5
TOK iShares MSCI Kokusai ETF 0.1 26 30 5.1 -10.0
TXS Texas Capital Texas Equity Index ETF 0.1 49 7 5.7 -9.5
ACVF American Conservative Values ETF 0.1 75 -19 4.3 -10.8
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.1 20 36 5.1 -10.1
IUSG iShares Core S&P U.S. Growth ETF 0.1 4 52 4.2 -11.0
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.1 12 44 4.6 -10.6
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 0.1 29 27 4.5 -10.7
QWLD SPDR MSCI World StrategicFactors ETF 0.1 30 26 6.1 -9.0
ACWI iShares MSCI ACWI ETF 0.1 32 24 5.7 -9.5
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.1 12 44 5.2 -10.0
VV Vanguard Large-Cap ETF 0.1 4 52 4.9 -10.3
ONEQ Fidelity Nasdaq Composite Index ETF 0.1 21 35 3.8 -11.4
THRO iShares U.S. Thematic Rotation Active ETF 0.1 90 -34 4.0 -11.2
SPDW SPDR Portfolio Developed World ex-US ETF 0.1 3 53 7.2 -7.9
ZSB USCF Sustainable Battery Metals Strategy Fund 0.1 61 -5 8.7 -6.4
AVSE Avantis Responsible Emerging Markets Equity ETF 0.1 33 23 8.5 -6.7
FNDC Schwab Fundamental International Small Co. Index ETF 0.1 39 17 5.9 -9.3
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF 0.1 20 36 6.0 -9.1
DFAI Dimensional International Core Equity Market ETF 0.1 18 38 7.3 -7.8
XCNY SPDR S&P Emerging Markets ex-China ETF 0.1 15 41 7.6 -7.5
SFY SoFi Select 500 ETF 0.1 0 56 4.5 -10.7
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.1 7 49 4.9 -10.3
JQUA JPMorgan U.S. Quality Factor ETF 0.1 12 44 6.0 -9.2
ILCG iShares Morningstar Growth ETF 0.1 4 52 3.7 -11.5
STXG Strive 1000 Growth ETF 0.1 18 38 3.9 -11.3
USCL iShares Climate Conscious & Transition MSCI USA ETF 0.1 8 48 5.1 -10.1
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.1 75 -19 4.1 -11.1
DEHP Dimensional Emerging Markets High Profitability ETF 0.0 41 15 6.8 -8.3
HKND Humankind US Stock ETF 0.0 11 45 7.4 -7.8
DLN WisdomTree U.S. LargeCap Dividend Fund 0.0 28 28 6.0 -9.1
FIDU Fidelity MSCI Industrial Index ETF 0.0 8 48 4.4 -10.7
DFSI Dimensional International Sustainability Core 1 ETF 0.0 24 32 6.5 -8.7
VEU Vanguard FTSE All-World ex-US Index Fund 0.0 4 52 8.2 -7.0
GSPY Gotham Enhanced 500 ETF 0.0 50 6 5.4 -9.8
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.0 10 46 5.3 -9.9
JAVA JPMorgan Active Value ETF 0.0 44 12 6.4 -8.8
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.0 41 15 8.8 -6.4
DHS WisdomTree U.S. High Dividend Fund 0.0 38 18 8.2 -7.0
JSTC Adasina Social Justice All Cap Global ETF 0.0 89 -33 4.8 -10.4
FSST Fidelity Sustainable U.S. Equity ETF 0.0 59 -3 4.3 -10.9
SCHG Schwab U.S. Large-Cap Growth ETF 0.0 4 52 4.0 -11.2
IWF iShares Russell 1000 Growth ETF 0.0 19 37 4.4 -10.8
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.0 12 44 4.5 -10.7
DUHP Dimensional US High Profitability ETF 0.0 21 35 6.4 -8.8
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.0 14 42 5.0 -10.2
AVDV Avantis International Small Cap Value ETF 0.0 36 20 10.1 -5.1
VWO Vanguard FTSE Emerging Markets ETF 0.0 7 49 10.4 -4.7
VONG Vanguard Russell 1000 Growth ETF 0.0 7 49 4.5 -10.7
DFIS Dimensional International Small Cap ETF 0.0 39 17 7.4 -7.8
SPRX Spear Alpha ETF 0.0 75 -19 0.4 -14.8
AVIV Avantis International Large Cap Value ETF 0.0 25 31 9.0 -6.1
VXUS Vanguard Total International Stock ETF 0.0 5 51 8.0 -7.1

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

Content on this tab for subscribers only**

RESULTS & ESTIMATES

  2020 2021 2022 2023 2024 2025E 2026E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

Content on this tab for subscribers only

VALUATION METRICS
  2024 2025E 2026E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 VanEck Steel ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

SPECULATIVE
Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 14.9 %
Divided by: Fwd. P/BV 0.9 x
Less: Expense ratio 56 bp
Equals: ALTAR Score 15.2 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.47 CATEGORY
AVERAGE		 1.57
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.